Advanced knowledge of group accounting according to HGB

Developments in group accounting

• Consolidation principles.
• Legal bases and latest developments (HGB, DRS, German accounting standards).

Group accounting obligation

• Consolidated and subgroup financial statements.
• Size-dependent facilitations.
• Exempting consolidated financial statements in accordance with IFRS.

Definition of the scope of consolidation

• Step-by-step concept of the HGB.
• Inclusion obligations, prohibitions and options.
• Special Purpose Entities.

Preparation of the individual financial statements for consolidation

• Uniform Group accounting and valuation methods.
• Group reporting date.
• Currency conversion.

Capital consolidation

• Methods of capital consolidation.
• Initial and subsequent consolidation.
• Own shares, transition and deconsolidation.
• Capital shares for minority shareholders/chain consolidation.

Debt consolidation

• Balance sheet items to be included.
• Origin and treatment of offsetting differences.

Interim result elimination

• Determination and treatment of interim results.

Consolidation of income and expenses

• Expense and income consolidation technique.
• Treatment of offsetting differences.

Quota consolidation

• Individual consolidation measures.
• Gradual increase/decrease in share.

Equity consolidation

• Initial and subsequent measurement.
• Gradual increase/decrease in share.

Deferred taxes in the Group

Notes to the consolidated financial statements and management report

Cash flow statement, statement of changes in equity and segment reporting